Billing Finance Limited
01693490
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/10/2024
full
Next accounts due
31/07/2026
Confirmation statement
Last: 23/04/2026
Due 07/05/2027
Industry
Officers
director · Since 04/04/2004
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 51
Also on 6 other boards
director · Since 02/10/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 3 other boards
Persons with Significant Control
Billing Finance Midco Limited
Billing House, The Causeway, Northampton, NN3 9EX
Notified 28/11/2025
Former PSCs
Mr James Mackaness
Ceased 21/09/2021
Mr Oliver James Mackaness
Ceased 03/09/2024
Billing Finance Group Ltd
Ceased 28/11/2025
Charges2 outstanding
QUILAM CAPITAL CREDIT FINANCE LIMITED
QUILAM SPECIAL OPPORTUNITIES 2 LIMITED
COMMERZBANK AG (AS SECURITY AGENT)
COMMERZBANK AG AS SECURITY AGENT
COMMERZBANK AG (AS SECURITY AGENT)
COMMERZBANK AG (AS SECURITY AGENT)
COMMERZBANK AG AS SECURITY TRUSTEE
COMMERZBANK AG
THE ROYAL BANK OF SCOTLAND PLC AS SECURITY TRUSTEE
THE ROYAL BANK OF SCOTLAND PLC AS AGENT AND SECURITY AGENT FOR EACH OF THE SECURED PARTIES (AS
THE ROYAL BANK OF SCOTLAND PLC AS SECURITY TRUSTEE
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
HILL SAMUEL BANK LTD
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 1135+ SIC 64999 peers62
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
liabilities is currently uncertain and the new funding has not yet been finalised at the time of approving the financial statements, the Directors consider a material uncertainty related to going concern exists. Future developments The company will continue to strength its processes and controls within robust risk management framework and our long term funding strategy will continue to s
Key FinancialsYear ending 31/10/2024
Net Worth
£26.1M
Balance sheet strength
Cash
£485k
Cash in the bank
Profit Before Tax
-£1.9M
Bottom line earnings
Net Current Assets
£25.4M
Working capital
Current Assets
£94.2M
Current Liabilities
£68.8M
Fixed Assets
£318k
Debtors
£52.4M
Cost of Sales
£3.2M
Admin Expenses
£14.3M
Profit After Tax
-£1.4M
Tax at Year End(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.37 | -£1.4M |
| 2023 | 1.37 | — |
Derived from filed accounts. Not audited figures.